Thursday, 18 June 2015


Piaggio report first quarter Vespa, Aprilia and Moto Guzzi unit sales growth

The Piaggio Group is reporting consolidated net sales of 302 million euro for its first quarter of 2015 ended March 31st - up by 9 percent compared to the 276.8 €/million recorded in the corresponding quarter of 2014.

The company reports revenue growth for all its business sectors (two-wheelers, commercial vehicles, spare parts and accessories) and for all the main regions it sells to (EMEA, India, Asia Pacific).
Pointing to performance improvements in the scooter sector for the Vespa brand and the Piaggio Mp3 three-wheel scooter, Piaggio also says that it has seen higher motorcycle sales volumes for Aprilia and Moto Guzzi.
The company recorded total vehicle shipments of 121,000 vehicles worldwide (123,900 in the first quarter of 2014) and says that, in revenue terms, the slight decrease in sales volumes was offset by a shift in the product mix towards premium products with higher value per unit.
In the two-wheeler sector, the Group shipped 74,200 vehicles (down from the 76,500 shipped in the first quarter of 2014) but net sales revenue was up by +4.3 percent at 204.1 million euro (195.7 million euro in the year-earlier period). This includes spare parts and accessories, which generated revenue of 29 million euro, an improvement of 13.5% from the first quarter of 2014. 

Piaggio say that the 6.1 percent growth to 2,200 units seen at Moto Guzzi in the first quarter should be boosted for the rest of the year with the second quarter introduction of the Audace and the Eldorado 1400cc seen here

All the main geographical areas where the Piaggio Group operates in the two-wheeler sector reported net sales growth, assisted by a no longer adverse exchange-rate effect, a feature of the entire first half of 2014. Revenue amounted to 139.8 million euro in the EMEA area (+2.2% from the year-earlier period), 43.7 million euro in Asia Pacific (+17.1%) and 5.7 million euro in India (+43.2%).
In the scooter segment, the Vespa brand performed well, with revenue growth of 14.1 percent compared with the first quarter of 2014. Growth was also reported for the Piaggio Mp3 - revenue for the Group's three-wheel scooter range rose by 12.7 percent in the first quarter of 2015 from the year-earlier period.

In terms of motorcycles, growth was reported for the Aprilia brand (approximately 3,450 shipments in the first quarter of 2015, an increase of 3.4 percent from the year-earlier period) and for the Moto Guzzi brand with approximately 2,200 shipments, an increase of 6.1 percent.
The company says that from the second quarter of 2015 onwards both brands will benefit from the launch of new products - the new Aprilia RSV4 and Tuono 1100 and for the Moto Guzzi brand the Audace and the Eldorado 1400cc.
In their Commercial Vehicles sector, 46,800 vehicles were shipped (47,500 in the year-earlier period) for net sales of 97.9 million euro, an increase of 20.8 percent from 81.1 million euro in the year-earlier period.

BMW Motorrad

BMW - fifth consecutive month of growth

MAY saw BMW post its fifth consecutive month of growth, supplying 15,004 motorcycles and maxi scooters, up by +6.5 percent over the 14,088 units sold in May 2014.

In the first five months of the year BMW has supplied 62,928 units, up +6.4 percent over May 2014.
Heiner Faust, Head of Sales and Marketing for BMW Motorrad, said: "The strongest growth is coming from Europe and Asia. In Germany alone sales increased by more than 1,000 vehicles as compared to the previous year, and we are seeing especially strong growth in China - nearly 100% up (over 1,100 units) compared to the previous year. We believe the future prospects for us in the Chinese market are very promising".
The new BMW sports tourer, the R 1200 RS, became available in the middle of May and the company points to this and the new adventure sports model, the S 1000 XR, becoming available in mid June, as good indicators for continued growth in the second half of the year.

BMW anticipate record crowds at their 15th 'BMW Motorrad Days' rally at Garmisch-Partenkirchen in Southern Germany July 3rd - 5th

"We continue to see strong demand for our new models. The launch of the R 1200 RS went very well, our world travel enduro bike, the R 1200 GS Adventure, now in its second year, is selling well above 2014 and we sold almost 1,000 units of our new Supersports bike, the S 1000 RR, in May alone".

Hero MotorCorp Ltd.

Hero MotorCorp post 6.2 percent unit growth for the full 12 months of its 2014/2015 financial year

Indian giant Hero MotoCorp Ltd., which claims for itself the title of "the world’s largest two-wheeler manufacturer", followed up April sales of 533,305 units (compared to 571,054 in April 2014, -6.6 percent) with 569,876 in May 2015 (compared to 602,481 in May 2014, -5.4 percent).

The company says that its HF Deluxe commuter bike has reached the million unit sales mark for this financial year, making it the third Hero platform to do so - the other two being the Hero Splendor and Hero Passion.
Hero also reports sales of over 350,000 units so far for the Splendor iSmart since its launch last year; Hero claim it as "the world’s most fuel efficient bike with a mileage of 102.5 km per litre".
For its full 2014/2015 financial year (ended March 31st 2015) Hero says it sold 6,631,826 PTW units (1,575,501 in its 4th quarter, the first three months of 2015), up by +6.2 percent from the 6,245,895 units sold in 2013/2014, which itself was 2.8 percent growth over 2012/2013. 

Splendor iSmart

Hero MotorCorp CEO Pawan Munjal said that the company has "lined up an investment" of over US $450m in order to "add capacities and brand building initiatives in domestic and global markets over the next two years. This is in keeping with the company’s vision of expanding its global footprint to 50 countries and total annual sales of 12 million units by the year 2020".
The company has taken a hit in its 2014/2015 fiscals for the closure of Erik Buell Racing (EBR), in which it has a 49.2 percent ownership stake. Though reports suggest that can "only" have been for $5m as non-payment of a $20m balance is being cited as one of the reasons for EBR's problems.
In March, HMC-MM Auto Ltd., the Joint Venture between Hero MotoCorp Ltd. and Milan. Italy based Magneti Marelli inaugurated its "first autonomous ‘Production and Development Centre’ at Manesar (Haryana), India. With the commencement of operations at the Development Centre, HMCL is set to become India’s first two-wheeler manufacturer to have its own EFI Product-line".


TT podium for Victory Ebike

VICTORY has scored a podium place at its first ever appearance at the Isle of Man TT races, scoring a third place in the SES TT Zero race for electric motorcycles - Lee Johnston recording 111.620mph lap on the iconic mountain road circuit. 

The second Victory electric motorcycle took fourth place with UK racer Guy Martin recording a lap time of 109.717mph, after stepping in to replace the injured William Dunlop.
Victory Racing Team Manager, Brian Wismann, said: “It was a good day for Victory Racing at our first ever time at the TT. We accomplished what we set out to achieve. We got on to the podium, but we also got a 111mph average in our first ever TT Zero race.
"The speeds were good, the bikes were good and reliable; they looked great out there. I’m just very, very pleased with all the hard work the team’s put in and the work that the riders have done to get the bikes round so quickly.”

The company’s entry in the SES TT Zero race has followed on from Polaris’ acquisition of Brammo, the electric motorcycle manufacturer, at the beginning of this year.
The success of the Victory team on the Isle of Man will strengthen rumors that Polaris is looking to repurpose the Victory brand as a performance marque, while it develops Indian Motorcycle as its cruiser range of motorcycles.
These rumors have been increasing since Victory announced plans to compete at the annual Pikes Pike Hill Climb with a prototype naked sports bike bearing the Victory name. Built in collaboration with Roland Sands Design, the bike will use a modified Indian Scout engine, under the "Project 156" banner. 
First held in 1916, the Pikes Peak International Hill Climb is the second oldest motorsports event in the United States. Polaris' choice of "Project 156" recognizes the 156 turns involved in climbing the 12.42 miles and 4,620ft/1,440m of the famed Colorado course.

UK motorcycle registrations

UK new motorcycle registrations +13 percent in May

THE latest data released by the motorcycle industry association in the UK (MCIA) shows new motorcycle registrations for May up by +13.14 percent at 10,856 units, with the market +13.57 percent for the year-to-date at 44,337 units.

In total PTW terms the UK was +10.74 percent for May (11,638 units) and is +11.3 percent for the year-to-date (47,837 units).
This is the best May and year-to-date sales performance for motorcycles since before 2009.
The 'Naked' style (+32.2 percent/9,728 units) and Adventure Sport (+22.1 percent/6,051 units) sectors continue to lead the growth in the UK. Supersport models were up in May at +11.4 percent and are now level for the year-to-date; the small touring bike and sport/tourer sectors were both down in May (-18.6 and -13.8 percent respectively) and for the year-to-date (-24.9 and -16.8 percent respectively).
he top selling motorcycle in the UK in May was the Yamaha MT-07 ABS, with their MT-09 Tracer second. The top selling scooter was the Honda PCX 125. Honda take top spot in the UK in market share terms (1,963 units in total in May), with Yamaha second (1,779 units), Triumph third (915 units), BMW fourth (840 units) and Kawasaki fifth (703 units).


Tenneco closes Marzocchi

American owner Tenneco has closed the legendary Bologna, Italy based suspension manufacturer Marzocchi, resulting in 120 job losses and a number of motorcycle manufacturers scrabbling for replacement product.
Marzocchi hit trouble back in 2011, but as a result of the involvement of trade unions, Tenneco, at that stage, decided to keep the factory open.
However, the changes taking place in the suspension industry with the spread of electronically controlled and adjusted systems and semi-active electronic suspensions rapidly becoming a de facto standard requirement for OE product, it is believed that Tenneco wasn't prepared to front up the huge investment that would have been required to turn their loss-making Italian subsidiary around.
Of all people, Tenneco know only too well the kind of capital investment and R&D lead time required for getting into the electronic suspension market - as owners of the Monroe shocks business.
There has been speculation that Marzocchi would be a "soft-close" with stocks being run-down and the factory finally closing later this year, but it has now emerged that Tenneco has acted decisively to close the company down sooner.
Though Marzocchi's core market has always been 'metric' front-ends, the brand has always been a popular choice with Harley-Davidson aftermarket customizers and builders looking for beefed-up and performance capable suspensions. Tenneco acquired Marzocchi in 2008, just as the bottom started to fall out of Marzocchi's market.


'Modern Classics' by  LSL

THE Clubman-style aluminium fender and matching '60s style taillight seen here are designed and manufactured in Germany by LSL as part of their 'Modern Classics' parts and accessory range.

Suitable for a range of wheel sizes and widths for front and rear applications, they feature a beaded front edge and a polished finish.
Model-specific kits are available for the Honda CB 1100F, Kawasaki W650/800, Moto Guzzi V7 and all Triumph Twins. 

To match the rear fender, LSL has a new polished, cast aluminium taillight produced to a ‘60s design that takes a 12v dual filament bulb for homologation purposes.

Krefeld, GERMANY
Tel: 02151 5559 0


Z 300 exhausts

KAWASAKI’S Z 300 is the latest bike to be able to benefit from the improved performance and lighter weight of a GPR’s exhaust options. The Italian specialist is now manufacturing model specific versions of its Deeptone Black ceramic line and Albus white ceramic silencers for the Z 300. 

Cerro al Lambro (MI), ITALY
Tel: +39 02 98112058